ElectroSonics Medical gets $3 million NIH grant

The National Institutes of Health has awarded a $3 million Small Business Innovation Research grant to ElectroSonics Medical Inc. in Cleveland. ElectroSonics is the former Biomec Inc., which sold most of its assets to Greatbatch Inc. of Clarence, N.Y., in April.

Trevor Jones, chairman and chief executive of ElectroSonics, said the grant money will be used to finish designing, testing and getting Food and Drug Administration approval to sell his company's collapsed lung detector.

The non-invasive, lightweight, low-power device recently was selected by R&D magazine as one of the top 100 most technologically significant products in the last year, Jones said.